Ed-tech startup Simplilearn secures funding

Ed-tech startup Simplilearn secures funding led by early stage investor Mayfield Ventures and others. The company is a destination for certification training courses. Simplilearn caters to professionals across industries and functions, through unique combination of proven training content, blended delivery model with the help of next generation customer experience.

Simplilearn offers more than 200 certification courses in the domains of Project Management, IT Service Management, Microsoft Certification, Quality Management, Financial Management, Testing Courses and more. The company has been rated as 4th fastest growing technology firm in India and 11th in Asia.

Simplilearn has trained 400,000 professional across 150+ countries. The company is the Global Registered Education Provider (REP) of PMI, USA, Accredited Training Organization (ATO) by APMG International UK, Registered Education Provider of Scrum Alliance Inc and Accredited Examination Center (AEC) by EXIN, TUV-SUD, EC Council and PEOPLECERT.

The company founded in 2009 by Krishna Kumar is Chief Executive Officer of the company. He has done his graduation in Bachelor of Engineering in Electronics and Communication from National Institute of Technology, Suratkal, Karnataka. He has several publications in his name like 7 daily challenges for every entrepreneur, Want to study while working? Here’s help and 5 steps for entrepreneurial success to name few.

He’s been awarded with TIE Lumis Business Excellence Award in 2012 and Global E Learning Awards 2013 from Learn TECH Conference, Mumbai. Krishna Kumar started his career in 1999 as software engineer in Infosys Ltd; he worked with the company for 13 months. He co founded and became Chief Operating Officer of TechUnified. He held this position for 6.7 years.

In 2008 Krishna founded Zyoin – the company serves as online recruitment space with the help of huge pool of qualified freelance recruiters and referrals to work on job requirements of corporate companies.

In 2009 he founded Simplilearn.com an institute provides self paced online learning, content, online tests, and remote instructor support and classroom trainings at various time zones.

Simplilearn has received total funding of $28 million as of now. Leading PE Companies like Helion Venture Partners, Kalaari Capital and Mayfield Fund have funded the company.

On the occasion of funding Krishna Kumar, CEO of Simplilearn said “With more of our learners moving to mobile and online learning, the current funding will allow us to continue to invest in the platform, expand our course coverage, and also look at rapidly expanding in the US and other primary markets.”

“Simplilearn has had an impressive growth over the last few years and we are confident that this momentum will continue as more individuals seek professional certification(s) to succeed. We believe that the additional capital will allow Krishna and his team to grow even faster and outpace the market,” said Navin Chaddha, Managing Director of Mayfield Ventures.

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